Meet Ten Investing Masters
Jimmy Rogers: Live Well

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Meet Ten Investing Masters

I confess upfront that I think Jimmy Rogers' investment approach is ill-advised for many and partially suspect. But I also think that very few people can succeed as he has. Rogers ran a hedge fund with George Soros during the 1970s. He then retired at age 34 to travel and live an adventurous life.

Rogers' investment strategy has been to visit countries whose financial markets are not open to foreign investors. He then builds partnerships with and invests in local companies. He invested in India before its markets were opened to foreigners and turned a huge profit when they were. Rogers calls his style: "Local, wherever I am." I'd say there are two great successes to his approach: 1) he has invested successfully, and 2) he has traveled and lived well. The combination is aspiration-worthy.

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